PAVE Global X US Infrastructure Dev ETF Forecast, Technical & Fundamental Analysis
The investment seeks to provide investment results that correspond generally to the price and yield performance, of the Indxx U... Show more
PAVE in +2.38% Uptrend, rising for three consecutive days on April 02, 2025
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where PAVE advanced for three days, in of 365 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where PAVE's RSI Oscillator exited the oversold zone, of 21 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for PAVE just turned positive on March 18, 2025. Looking at past instances where PAVE's MACD turned positive, the stock continued to rise in of 44 cases over the following month. The odds of a continued upward trend are .
PAVE may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 70 cases where PAVE's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on March 28, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PAVE as a result. In of 89 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The 50-day moving average for PAVE moved below the 200-day moving average on April 02, 2025. This could be a long-term bearish signal for the stock as the stock shifts to an downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PAVE declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for PAVE entered a downward trend on April 02, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
General Information
Category Industrials
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| SECT | 51.68 | 0.48 | +0.94% |
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| Robinson Alternative Yld Pr-Mrgr SPACETF | |||
| LABD | 9.49 | -0.99 | -9.45% |
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PAVE and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, PAVE has been closely correlated with IFRA. These tickers have moved in lockstep 90% of the time. This A.I.-generated data suggests there is a high statistical probability that if PAVE jumps, then IFRA could also see price increases.
| Ticker / NAME | Correlation To PAVE | 1D Price Change % | ||
|---|---|---|---|---|
| PAVE | 100% | +1.68% | ||
| IFRA - PAVE | 90% Closely correlated | +1.37% | ||
| GRID - PAVE | 86% Closely correlated | +0.98% | ||
| SIMS - PAVE | 81% Closely correlated | +1.33% | ||
| EFRA - PAVE | 63% Loosely correlated | +1.81% | ||
| NFRA - PAVE | 62% Loosely correlated | +0.35% | ||
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